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FORWARD AIR CORP（FWRD）与LifeStance Health Group, Inc.（LFST）财务数据对比。点击上方公司名可切换其他公司
FORWARD AIR CORP的季度营收约是LifeStance Health Group, Inc.的1.7倍（$631.2M vs $382.2M），LifeStance Health Group, Inc.净利率更高（3.1% vs -4.5%，领先7.5%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -0.3%），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% vs 7.9%）
Forward Air Corp是北美领先的轻资产物流运输服务商，核心业务包括加急零担货运、最后一公里配送、多式联运、仓储及供应链解决方案，服务覆盖美加墨地区，主要服务电商、零售、制造、汽车等行业。
LifeStance Health Group是美国的门诊行为健康服务提供商，支持线下面诊与远程诊疗两种服务模式，业务涵盖心理咨询、精神科诊疗、经颅磁刺激（TMS）以及氯胺酮治疗等。该公司曾多次因劳动违规、客户信息泄露及误导投资者相关问题遭遇诉讼。
FWRD vs LFST — 直观对比
营收规模更大
FWRD
是对方的1.7倍
$382.2M
营收增速更快
LFST
高出17.7%
-0.3%
净利率更高
LFST
高出7.5%
-4.5%
两年增速更快
LFST
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $631.2M | $382.2M |
| 净利润 | $-28.3M | $11.7M |
| 毛利率 | — | — |
| 营业利润率 | -0.5% | 4.7% |
| 净利率 | -4.5% | 3.1% |
| 营收同比 | -0.3% | 17.4% |
| 净利润同比 | 22.2% | 264.1% |
| 每股收益（稀释后） | $-0.90 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FWRDLFST
| Q4 25 | $631.2M | $382.2M | ||
| Q3 25 | $631.8M | $363.8M | ||
| Q2 25 | $618.8M | $345.3M | ||
| Q1 25 | $613.3M | $333.0M | ||
| Q4 24 | $632.8M | $325.5M | ||
| Q3 24 | $655.9M | $312.7M | ||
| Q2 24 | $643.7M | $312.3M | ||
| Q1 24 | $541.8M | $300.4M |
净利润FWRDLFST
| Q4 25 | $-28.3M | $11.7M | ||
| Q3 25 | $-16.3M | $1.1M | ||
| Q2 25 | $-12.6M | $-3.8M | ||
| Q1 25 | $-50.6M | $709.0K | ||
| Q4 24 | $-36.4M | $-7.1M | ||
| Q3 24 | $-73.4M | $-6.0M | ||
| Q2 24 | $-645.4M | $-23.3M | ||
| Q1 24 | $-61.7M | $-21.1M |
营业利润率FWRDLFST
| Q4 25 | -0.5% | 4.7% | ||
| Q3 25 | 2.4% | 2.0% | ||
| Q2 25 | 3.2% | -0.9% | ||
| Q1 25 | 0.8% | 0.5% | ||
| Q4 24 | 12.0% | 0.3% | ||
| Q3 24 | 3.5% | 0.0% | ||
| Q2 24 | -170.2% | -5.1% | ||
| Q1 24 | -12.1% | -5.6% |
净利率FWRDLFST
| Q4 25 | -4.5% | 3.1% | ||
| Q3 25 | -2.6% | 0.3% | ||
| Q2 25 | -2.0% | -1.1% | ||
| Q1 25 | -8.3% | 0.2% | ||
| Q4 24 | -5.8% | -2.2% | ||
| Q3 24 | -11.2% | -1.9% | ||
| Q2 24 | -100.3% | -7.5% | ||
| Q1 24 | -11.4% | -7.0% |
每股收益（稀释后）FWRDLFST
| Q4 25 | $-0.90 | — | ||
| Q3 25 | $-0.52 | — | ||
| Q2 25 | $-0.41 | — | ||
| Q1 25 | $-1.68 | — | ||
| Q4 24 | $-1.69 | — | ||
| Q3 24 | $-2.66 | — | ||
| Q2 24 | $-23.47 | — | ||
| Q1 24 | $-2.81 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $106.0M | $248.6M |
| 总债务越低越好 | $1.7B | $282.8M |
| 股东权益账面价值 | $113.3M | $1.5B |
| 总资产 | $2.7B | $2.2B |
| 负债/权益比越低杠杆越低 | 14.89× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资FWRDLFST
| Q4 25 | $106.0M | $248.6M | ||
| Q3 25 | $140.4M | $203.9M | ||
| Q2 25 | $95.1M | $188.9M | ||
| Q1 25 | $116.3M | $134.3M | ||
| Q4 24 | $104.9M | $154.6M | ||
| Q3 24 | $136.6M | $102.6M | ||
| Q2 24 | $84.9M | $87.0M | ||
| Q1 24 | $152.0M | $49.5M |
总债务FWRDLFST
| Q4 25 | $1.7B | $282.8M | ||
| Q3 25 | $1.7B | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $288.2M | ||
| Q4 24 | — | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M | ||
| Q1 24 | $1.7B | $288.8M |
股东权益FWRDLFST
| Q4 25 | $113.3M | $1.5B | ||
| Q3 25 | $139.8M | $1.5B | ||
| Q2 25 | $151.8M | $1.5B | ||
| Q1 25 | $154.6M | $1.5B | ||
| Q4 24 | $201.7M | $1.4B | ||
| Q3 24 | $226.1M | $1.4B | ||
| Q2 24 | $283.8M | $1.4B | ||
| Q1 24 | $926.1M | $1.4B |
总资产FWRDLFST
| Q4 25 | $2.7B | $2.2B | ||
| Q3 25 | $2.8B | $2.1B | ||
| Q2 25 | $2.8B | $2.1B | ||
| Q1 25 | $2.8B | $2.1B | ||
| Q4 24 | $2.8B | $2.1B | ||
| Q3 24 | $3.1B | $2.1B | ||
| Q2 24 | $3.1B | $2.1B | ||
| Q1 24 | $4.0B | $2.1B |
负债/权益比FWRDLFST
| Q4 25 | 14.89× | 0.19× | ||
| Q3 25 | 12.05× | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | 1.81× | 0.20× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $57.6M |
| 自由现金流经营现金流 - 资本支出 | — | $46.6M |
| 自由现金流率自由现金流/营收 | — | 12.2% |
| 资本支出强度资本支出/营收 | 1.3% | 2.9% |
| 现金转化率经营现金流/净利润 | — | 4.93× |
| 过去12个月自由现金流最近4个季度 | — | $110.0M |
8季度趋势，按日历期对齐
经营现金流FWRDLFST
| Q4 25 | — | $57.6M | ||
| Q3 25 | $52.7M | $27.3M | ||
| Q2 25 | — | $64.4M | ||
| Q1 25 | $27.6M | $-3.1M | ||
| Q4 24 | $-23.2M | $62.3M | ||
| Q3 24 | $51.2M | $22.7M | ||
| Q2 24 | $-45.2M | $44.1M | ||
| Q1 24 | $-51.7M | $-21.8M |
自由现金流FWRDLFST
| Q4 25 | — | $46.6M | ||
| Q3 25 | $48.6M | $17.0M | ||
| Q2 25 | — | $56.6M | ||
| Q1 25 | $15.7M | $-10.3M | ||
| Q4 24 | $-30.5M | $56.0M | ||
| Q3 24 | $40.7M | $17.7M | ||
| Q2 24 | $-59.6M | $39.0M | ||
| Q1 24 | $-56.7M | $-26.9M |
自由现金流率FWRDLFST
| Q4 25 | — | 12.2% | ||
| Q3 25 | 7.7% | 4.7% | ||
| Q2 25 | — | 16.4% | ||
| Q1 25 | 2.6% | -3.1% | ||
| Q4 24 | -4.8% | 17.2% | ||
| Q3 24 | 6.2% | 5.7% | ||
| Q2 24 | -9.3% | 12.5% | ||
| Q1 24 | -10.5% | -9.0% |
资本支出强度FWRDLFST
| Q4 25 | 1.3% | 2.9% | ||
| Q3 25 | 0.7% | 2.8% | ||
| Q2 25 | 0.8% | 2.2% | ||
| Q1 25 | 1.9% | 2.2% | ||
| Q4 24 | 1.1% | 1.9% | ||
| Q3 24 | 1.6% | 1.6% | ||
| Q2 24 | 2.2% | 1.6% | ||
| Q1 24 | 0.9% | 1.7% |
现金转化率FWRDLFST
| Q4 25 | — | 4.93× | ||
| Q3 25 | — | 25.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -4.36× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
LFST
暂无分部数据
